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Final Reflection

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30A-Final Reflection             This course to me was a bit of a pain all year. Since being an entrepreneur is not what I want to do directly, it was hard for me to get motivated at times, especially when I just felt like I kept repeating myself over and over again for each set of assignments. However, I believe the experience that will stick with me for years to come is when we had to state our definition of failure. I know I lose sight of my goals at times and focus on things that are not so important, here this is my version of failure. This is different for everyone, for everyone has a different definition of success based on what they want to pursue in life. But when this assignment rolled around, it allowed me to remember the bigger picture and what goals I had set for myself. It reminded me to keep my eye on the prize and to never give up despite organic chemistry draining the life out of me. It reminding me...
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Venture Concept No.2

29A-Venture Concept No.2 Reflection               Overall my feedback was positive towards the content of my venture concept but negative on the organization of it. Therefore, I added in groupings to allow the reader to understand each concept more fluidly as my peers suggested. Like I said content remained the same. Opportunity             The opportunity I am taking advantage of is one that almost any faculty member or student with a vehicle at the University of Florida faces; parking. Whether it be car parking or scooter/motorcycle parking there seems to never be enough parking when you need it most. My product would target already built garages for cars on campus, adding on the monitor system that indicates what floors are available, how many spots available on each floor if any, and once on that floor what spots in each row are availabl...
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Exit Strategy

28A- Exit Strategy             My exit strategy will be dependent on two things; one if my children want to take over the business, if not I will sell the business only if the offers I have received are what I believe is of the companies worth. If I believe I have not received an offer that is high enough than I will continue in the company until my retirement and them promote someone who has worked for me for many years. This promotion will go to someone I trust that has dedicated as much time and effort as me to the company.             I have selected this strategy due to the fact that I will not know the decisions of my family in the future and because of this I will keep my company until it is passed down, sold or taken with me until retirement. My strategy is basically a go with the flow type of deal, where life takes me.      ...
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